Shahrukh Khan's net worthAccording to a report in Wealth-X Shahrukh's estimated net worth is $600 million (More than 3600 Crore). He is named as the second richest Actor in the world beaten only by Jerry Seinfeld with the estimated net worth of $820 million. Shahrukh Khan was...

EEE EET ETE explainedThere are 3 ways Govt. taxes the monies invested by public at various stages of investment. When the money is invested it goes through three stages , which are - Contribution to an investment scheme. Accumulation of interest. Withdrawal stage, when the lump...

How many Indians pay income taxIndia being a developing country is supposed to have a low population, paying Income Tax but it would still be surprising to read that only about 3% of Indian population pay Income tax, which comes to 35 million tax payers (3.5 crore). In that too majorit...

Public Provident Fund (PPF) duration and maturity optionsPublic Provident fund (PPF) is one of the most favoured fixed income investment option. PPF is a long term investment option which comes with a lock-in period of 15 years and it can't be closed pre-maturely.however, during the tenure of the account, one c...

Public Provident Fund (PPF) duration and maturity optionsPublic Provident fund (PPF) is one of the most favoured fixed income investment option. PPF is a long term investment option which comes with a lock-in period of 15 years and it can't be closed pre-maturely.however, during the tenure of the account, one c...

Public Provident Fund (PPF) account opening eligibilityA Public Provident Fund (PPF) Account can be opened by any resident Indian Individuals (Salaried, Business men, Self employed professional or any other category). Ifa salaried class person has a General provident Fund account, or an Employees Provident Fun...

Public Provident Fund (PPF) Interest rate/Interest rate calculationThe interest earned on PPF is not fixed but benchmarked to Government securities. The government declares the interest rate payable on PPF every financial year. Generally government declares the PPF interest rate, for the next financial year, in the last ...

Public Provident Fund (PPF) tax exemption benefitWhat makes PPF the choice of investment for everybody is that - The amount invested in PPF, with in the financial year, can be claimed as deduction under 80C. The interest earned is tax free. Backed by GOI making it one of the safest saving instrument avail...

Where can I open a Public Provident Fund (PPF) account?The PPF or Public Provident Fund is one of the most popular long-term investment options offered by the Central Government for Indian residents. PPF account can be opened in almost any PSU bank , though not all branches provide the facility so please check...